To forecast mortgage rates, we analyze historical rate movements, market data and economic indicators using statistical models. We also review predictions from economists and industry experts, alongside our own analysis. Mortgage rates are one of the first indicators buyers look to when seeing if they can afford a home. A swing in rates—whether up or down—can cause a ripple effect in the market where buyers rush to make offers or run for the hills. Rate behavior also impacts homeowners who are considering refinancing or selling. Here’s a look at current mortgage rates, where they’re expected to go next and what that means for those in the market.
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